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Higher oil prices boost Saudi Aramco profits despite disruption from attacks

FRANKFURT, Germany (AP) — Majority state-owned oil company Saudi Aramco on Tuesday reported a 35% increase in third-quarter net profit as earnings were boosted by higher oil prices and the sale of its stake in a Malaysian refining and petrochemical company. Net profit rose to $36. 3 billion from $26. 9 billion in the year-earlier quarter. Adjusted net profit, which leaves out the sale of a stake in PRefChem to Malaysian state oil company Petronas, rose 9% to $31. 2 billion. The company also...

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